Multi conductor cable is an electrical cable which comprises of multiple numbers of conductors with insulation sheaths positioned in a single cable. These cables are constructed by using strands of annealed copper wires. Moreover, these wires consist of polyethylene insulation which is located inside a shield made up of polyester aluminum. The multi conductor cables are used widely in audio recording systems, video cameras, television studios, and camera control systems. Additionally, they are also used in data transmission systems, remote control circuits, public address systems, and others.

Market Dynamics

The increasing use of electronic systems such as camera control systems, audio recording systems, videos cameras, and others are expected to drive the global multi conductor cable market. The increasing medical and automotive sectors are fueling the growth of the market. Moreover, the increasing demand for multi conductor cables from various industries is boosting the growth of the market.

Market Classification and Overview

The global multi conductor cable market is segmented into type, application, and region.

On the basis of type, the market is segmented into multi-conductor unshielded cable and multi-conductor shielded cable.

Based on the application, the market is segmented into electronics, communication, medical, and others.

Regional Overview

Geographically, the global multiconductor cable market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

North America is expected to hold the major share during the forecast period 2018-2026 owing to the rising demand for the electronic devices such as cameras, audio recording systems, audio recording systems, and others. The presence of larges industries in automotive sector is further propelling the growth of the market.

Europe is expected to witness a significant growth during the forecasted period owing to the increasing healthcare expenditure, as multi conductor cables are widely used in the field of medical. Moreover, the rising per capita income is likely to fuel the growth of the market.

Asia Pacific is expected to be the largest region during the forecasted period, owing to the presence of huge players and increasing demand for the product. Additionally, the LAMEA is expected to show the steady growth due to the less presence of companies.

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